If the point you are trying to make is:

  1) loans should be dischargeable via bankruptcy so that
  2) lenders refuse to make such large loans so that
  3) tuitions are forced down

Then I think that's a perfectly fine point of view (as I already said above). It's just important to be clear about it and not simply say that loans should be dischargeable with the expectation that everything else will stay more-or-less the same.

Making this change would have an enormous impact on how higher education in the US functions.